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by gautamnarula 2291 days ago
Twitter is currently profitable, and has been since sometime in 2018.

To your bigger point, I actually think nowadays we're finally seeing fewer "me too" type companies--fewer knockoff social companies (early 2010s), fewer "Uber/Airbnb for X" companies (mid-2010s), fewer hot air crypto companies (late 2010s), etc. Granted I'm seeing a proliferation of "AI" companies so that isn't to say that hype is dead, but I'm hoping we'll see something new and innovative over the next few years.

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Everyone and their brother is still trying to start their own scooter share.
With companies like scooter shares or Groupon, where expansion requires physical presence and manpower, there is actually a decent chance of success, assuming there is a 800lbs gorilla or two that is funded and clamoring for growth.

Quite a few smaller, regional Groupon clones were able to sell to either Groupon or living social for very hefty sums when the gold rush was still on.